On May 27, based on the Voice of America, the United States on Friday imposed sanctions on two Russian banks, a North Korean company and a person it accused of supporting North Korea’s weapons of mass destruction program, increasing pressure on Pyongyang over its renewed ballistic missile launches.
The latest U.S. action comes a day after China and Russia vetoed a U.S.-led resolution to impose more U.N. sanctions on North Korea’s ballistic missile launches.
The U.S. Treasury Department in a statement said it targeted Air Koryo Trading Corp as well as Russian financial institutions the Far Eastern Bank and Bank Sputnik for contributing to procurement and revenue generation for North Korean Organizations.
Washington also designated Jong Yong Nam, a Belarus-based representative of an organization subordinate to the North Korea Second Academy of Natural Sciences (SANS), who Washington said has supported North Korean organizations linked to the development of ballistic missiles.
“The United States will continue to implement and enforce existing sanctions while urging the DPRK (North Korea) to return to a diplomatic path and abandon its pursuit of weapons of mass destruction and ballistic missiles,” the Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.
China has been pressing the U.S. to take action, including lifting some unilateral sanctions, to induce Pyongyang to resume talks that have stalled since 2019 after three failed summits between North Korean leader Kim Jong Un and then-U.S. President Donald Trump. The U.S. says Pyongyang should not be rewarded.
Original link: US Issues Sanctions Targeting North Korean Weapons of Mass Destruction Program (voanews.com)
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